Jones Financial Companies Lllp Sells 97,913 Shares of Philip Morris International Inc. $PM

Jones Financial Companies Lllp lowered its holdings in Philip Morris International Inc. (NYSE:PM) by 82.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,271 shares of the company’s stock after selling 97,913 shares during the quarter. Jones Financial Companies Lllp’s holdings in Philip Morris International were worth $2,951,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PM. Perigon Wealth Management LLC grew its holdings in Philip Morris International by 0.4% during the 1st quarter. Perigon Wealth Management LLC now owns 14,087 shares of the company’s stock worth $2,236,000 after acquiring an additional 60 shares during the last quarter. TBH Global Asset Management LLC grew its stake in shares of Philip Morris International by 0.9% during the first quarter. TBH Global Asset Management LLC now owns 6,932 shares of the company’s stock valued at $1,100,000 after purchasing an additional 61 shares during the last quarter. NFP Retirement Inc. increased its holdings in shares of Philip Morris International by 2.5% in the first quarter. NFP Retirement Inc. now owns 2,589 shares of the company’s stock valued at $411,000 after purchasing an additional 62 shares in the last quarter. Capital Advisors Wealth Management LLC raised its position in Philip Morris International by 2.1% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 3,005 shares of the company’s stock worth $477,000 after purchasing an additional 63 shares during the last quarter. Finally, Renasant Bank lifted its holdings in Philip Morris International by 3.3% during the 1st quarter. Renasant Bank now owns 1,994 shares of the company’s stock worth $317,000 after buying an additional 63 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Trading Up 0.4%

Shares of PM opened at $165.43 on Thursday. The stock has a market cap of $257.50 billion, a P/E ratio of 31.45, a price-to-earnings-growth ratio of 2.39 and a beta of 0.49. Philip Morris International Inc. has a 1 year low of $116.12 and a 1 year high of $186.69. The stock’s 50-day moving average price is $169.36 and its two-hundred day moving average price is $167.50.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The business had revenue of $10.14 billion for the quarter, compared to the consensus estimate of $10.33 billion. During the same period last year, the company posted $1.59 EPS. Philip Morris International’s revenue for the quarter was up 7.1% on a year-over-year basis. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, equities analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Friday, June 27th were issued a $1.35 dividend. The ex-dividend date of this dividend was Friday, June 27th. This represents a $5.40 annualized dividend and a dividend yield of 3.3%. Philip Morris International’s payout ratio is 102.66%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Bank of America lifted their target price on Philip Morris International from $182.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, June 4th. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. upped their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a research report on Thursday, July 10th. Jefferies Financial Group assumed coverage on shares of Philip Morris International in a research note on Wednesday, July 9th. They issued a “buy” rating and a $220.00 target price on the stock. Finally, Barclays dropped their price target on shares of Philip Morris International from $225.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, July 30th. Twelve research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Philip Morris International currently has an average rating of “Moderate Buy” and an average price target of $184.91.

Philip Morris International Company Profile

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.